Showing posts with label whiskey. Show all posts
Showing posts with label whiskey. Show all posts

Sunday, December 13, 2015

Why More People are Investing in the Whiskey Boom

Why More People are Investing in the Whiskey Boom

Long the drink of choice for American humorists, Irish playwrights, Don Draper types, and various heads of state, when whiskey passed vodka in sales last year, it proved beyond a shadow of a doubt that the spirit is having a moment.
But the movement goes deeper than that. Whiskey isn’t just a good for consumption or a means toward intoxication: It’s a collector’s item, an investment portfolio, and an incredibly valuable commodity. “Whiskey as an investment is being driven by an escalating international demand, combined with an ever-decreasing supply of rare and aged single malt,” the Whisky Corporation’s Stephen Notman told CNN last year. This international demand and decreasing supply has driven serious returns: According to materials provided by the Platinum Whisky Investment Fund, the world’s first whiskey fund, the top whiskeys have appreciated in value anywhere from 130% to, among the 100 best, a staggering 230% from 2011-2013. Interested? The buy-in for the Platinum Whisky Investment Fund’s only a cool quarter-million.